Property118 | Author: Property118.com News Team - Page 114

One-fifth of tenants’ fear becoming homeless...

New research has found that just over one in five (21%) of adults in the UK are ‘seriously concerned’ about becoming homeless within the next six months. The survey of 2,674 renters over the...

Warning of a ‘Tsunami of students’ struggling to...

UK rental guarantor service Housing Hand has warned that A level results day is likely to trigger a tsunami of students struggling to find accommodation for their university places. The warning comes...

Shadow Housing Minister backs NRLA calls on Rent Smart Wales...

The Welsh Shadow Minister for Housing, Janet Finch-Saunders, has backed the NRLA’s calls to improve Rent Smart Wales (RSW) for landlords and tenants. The MS for Aberconwy agrees with the NRLA that...

Some BTL mortgage rates have doubled this year – as rates...

The average buy-to-let mortgage rates for some typical two-year fixed rate deals favoured by landlords have doubled since the start of the year, it has been revealed. According to Property Master’s...

HMOs grow in value as tenants demand better amenities...

Houses in Multiple Occupation (HMO) are moving up the value chain as tenants demand better amenities, research by Paragon Bank has revealed. A survey of HMO landlords found that tenants today expect en...

Shelter’s warning after landlord repossessions rise...

The number of landlord possession actions in England for all court stages has increased compared to the same quarter of last year, the Ministry of Justice has revealed. In the latest data, they have compared...

Where UK property investors are bulk buying to boost their portfolios...

British investors are spending an average of £1.2 million to quickly bolster their property investments by buying full portfolios rather than single properties, research reveals. According to specialist...

Rents and house prices to rise across the UK as property supply...

Rents and house prices will continue to rise across the UK even as demand drops because there is a severe lack of housing stock, research from RICS reveals. According to the RICS Residential Market Survey...

Landlords warned that renters will struggle to pay rent...

Tenants will struggle to pay their rent and bills as growing numbers of them are already cutting their food budget because of the cost-of-living crisis. The warning comes from Sarah Coles, a senior personal...

Number of protected tenancy deposits in the UK grows...

The number of deposits being protected has increased across the UK, The Dispute Service (TDS) says. Steve Harriott, the chief executive at TDS, said: “This data shows the bounce back in the lettings...

London landlords urged to sell homes to councils – not...

Sadiq Khan, the mayor of London, has urged landlords who have a former council house they want to sell to offer their property to local councils – rather than selling to other landlords. Mr Khan...

Selective licensing will hit landlords in the cost-of-living...

A property expert says that the cost-of-living crisis calls into question the viability of selective private landlords licensing schemes. Selective licensing gives councils the power to regulate privately...

Higher BTL mortgage rate sees landlord profits halve –...

Since the beginning of the year, higher mortgage rates have led to the annual profits for a typical landlord being halved, research reveals. The findings from estate agent Hamptons, show that interest...

Landlords warned over ‘inventory ignorance’...

The Association of Independent Inventory Clerks (AIIC) claims that the topic of inventories in the property industry requires more attention. They say that landlords and agents who do not put the right...

Landlords save more than £1m with anti-fraud tech...

Landlords would have lost more than £1 million over the last year without anti-fraud tech picking up fraudulent tenancy applications during the referencing process, research from Goodlord reveals. The...

Housing delivery is massively out of kilter with homes required...

Research by GetAgent has revealed just how out of kilter the nation’s housing delivery is when it comes to the level of homes required in each area versus the reality of those actually delivered. The...

Landlord and agent fines rocket by 23% to £8m in London...

Fines for landlords and letting agents in London have increased by more than £1.5m in the last year to more than £8 million. The figure comes from technology firm Kamma who are tracking the Mayor of...

Birmingham is the nation’s rental repossession capital...

Birmingham is the rental property repossession capital when it comes to landlords reclaiming their homes from problem tenants and there are fears that things could get worse with the cost-of-living crisis.

HMRC rakes in a record amount of CGT...

HMRC has revealed that it collected a ‘staggering’ £14.3 billion in capital gains tax (CGT) from 323,000 taxpayers in the 2020 to 2021 tax year. The liability was realised on £80 billion of gains.

Short-term rentals account for 7% of total housing in some areas...

Holiday-lets now account for as much as 7% of total homes across 15 of the nation’s most popular staycation destinations, with just one seeing a decline in holiday-let property market prominence,

Property118.com News Team

Contact